Contract Design Flashcards
1
Q
Contract design factors
A
DIRECT FACTORS SAMPLER
Discretionary benefits
Interest and needs of customers
Risk appetite and parties involved
Expenses and charges
Competition
Terms and conditions
Financing (capital requirement)
Accounting
Consistency with other products
Timing of contributions or premiums
Options and guarantees
Regulatory requirements
Subsidies
Stakeholder characteristics
Administrative system
Market for products
Profitability
Level and form of benefits
Early leaver benefits
Requirements (capital)
2
Q
Stakeholder for contact
A
ALPACAS F
*administration
*Lawyer
*Provider
*Accountant
*Customer
*Actuary
*Sales and marketing
*Financing
